Wolfspeed

Wolfspeed, Inc. is an innovator of Wolfspeed power and radio frequency (RF) semiconductors. Its Wolfspeed product families include silicon carbide materials, power-switching devices and RF devices targeted for applications such as electric vehicles, fast charging inverters, power supplies, telecom and military and aerospace. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

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Wolfspeed reports revenue growth and record design-ins, faces ramping challenges

Wolfspeed's Q3 performance showed revenue growth and record design-ins, but challenges with ramping materials capacity impacted cash burn. Despite this, the company's strengths lie in its strategic vision, strong design-in conversion rate, and confidence in power device growth. Opportunities exist in expanding the silicon carbide market and reaching 20% fab utilization by 2024.

Wolfspeed faces supply chain challenges but sees growth in silicon carbide

Wolfspeed faces challenges with supply chain issues impacting revenue, but strong demand for silicon carbide presents growth opportunities. The company's focus on new facilities and cautious approach to ramp-ups position it for future success.

Wolfspeed reports robust Q3 earnings, eyes growth amid funding challenges

Wolfspeed's Q3 performance reflects strong revenue growth and record design-ins, but challenges in gross margin and cash flow management persist.
Despite these challenges, the company's solid liquidity position, revenue targets for 2024, and focus on capacity expansion present growth opportunities.
Navigating funding needs, operational expenses, and ramping delays will be key focus areas for Wolfspeed to achieve its growth targets and maintain customer loyalty.

Wolfspeed secures $5B for expansion, targets $1B revenue in 2024

Wolfspeed's strong financial position, strategic customer agreements, and focus on silicon carbide technology position them for future growth. Despite challenges in yield and start-up costs, they are making progress in expanding capacity and improving margins. The company's emphasis on R&D and operational efficiency bodes well for their long-term success.

Wolfspeed excels in Q1, anticipates supply-demand mismatch opportunities

Wolfspeed's Q1 2024 performance exceeded expectations, showcasing operational excellence and market demand.
Despite challenges in certain sectors, the company remains confident in its long-term strategy and market position.
Strong focus on capacity expansion, raw materials investment, and optimizing balance sheet to drive growth.
Anticipated supply-demand mismatch presents opportunities for revenue growth and market leadership in silicon carbide.

Wolfspeed reports robust Q2 earnings, eyes EV market growth

Wolfspeed's Q2 performance reflects strong revenue growth and operational improvements, supported by a solid financial position.
While facing challenges with underutilization costs and gross margin expectations, the company is well-positioned to capitalize on long-term demand for silicon carbide devices.
Exciting opportunities in the EV industry and a favorable market environment for materials underscore Wolfspeed's growth potential.
Operational efficiency gains and strategic customer agreements position Wolfspeed for continued success in the semiconductor market.

Wolfspeed reports robust Q3 revenue and design wins, eyes positive EBITDA

Wolfspeed's Q3 showcased strong revenue growth and design wins, but challenges in margins and design wins persist. The company's focus on silicon carbide technology and operational improvements drives confidence. Opportunities lie in positive EBITDA outlook and ramping key projects.

Wolfspeed reports $201M revenue in Q4, focuses on cost optimization

Wolfspeed's Q4 performance reflects strong revenue growth and operational improvements, despite challenges in gross margins. With a focus on cost reduction and profitability enhancement, the company aims to achieve positive EBITDA and operating cash flow by early fiscal 2026.

Wolfspeed restructures for growth, targets $3B revenue, and EV market

Wolfspeed is strategically positioning itself for growth by focusing on operational efficiency, revenue diversification, and cost-saving initiatives. While facing short-term challenges from restructuring efforts, the company aims to capitalize on EV market growth and streamline its operations for profitability.

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Wolfspeed, Inc. is an innovator of wide bandgap semiconductors, focused on silicon carbide and gallium nitride (GaN) materials and devices for power and radio-frequency (RF) applications. Its product families include silicon carbide and GaN materials, power devices and RF devices, and its products are targeted for various applications such as electric vehicles, fast charging, 5G, renewable energy and storage, and aerospace and defense. The company was founded by Calvin H. Carter Jr., John W. Palmour, F. Neal Hunter, Eric Hunter, and John Edmond in 1987 and is headquartered in Durham, NC.

RADNOR, Pa., Nov. 28, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of New York against Wolfspeed, Inc. (“Wolfspeed”) (NYSE: WOLF) on behalf of those who purchased or otherwise acquired Wolfspeed securities between August 16, 2023, and November 6, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is January 17, 2025.

WOLF Investor Alert: Kessler Topaz Meltzer & Check, LLP Urges WOLF Investors with Losses to Contact the Firm

NEW YORK, NY / ACCESSWIRE / November 27, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=113881&wire=1 or contact Joseph E. Levi, Esq.

Wolfspeed, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before January 17, 2025 to Discuss Your Rights – WOLF

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming January 17, 2025 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024, inclusive (the “Class Period”). Investors suffering losses on their Wolfspeed investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their lega.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Wolfspeed, Inc. (WOLF)

NEW YORK, NY / ACCESSWIRE / November 27, 2024 / If you suffered a loss on your Wolfspeed, Inc. (NYSE:WOLF) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/wolfspeed-lawsuit-submission-form?prid=113794&wire=1 or contact Joseph E. Levi, Esq.

Shareholders That Lost Money on Wolfspeed, Inc. (WOLF) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

SAN DIEGO, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024, inclusive (the “Class Period”), have until Friday, January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit. Captioned Zagami v. Wolfspeed, Inc., No. 24-cv-01395 (N.D.N.Y.), the Wolfspeed class action lawsuit charges Wolfspeed and certain of Wolfspeed's top executives with violations of the Securities Exchange Act of 1934.

WOLF INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Wolfspeed, Inc. (NYSE: WOLF).

January 17, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against WOLF

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024, inclusive (the “Class Period”). Wolfspeed investors have until January 17, 2025 to file a lead plaintiff motion. If you suffered a loss on your Wolfspe.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Wolfspeed, Inc. (WOLF) Investors

RADNOR, Pa. , Nov. 26, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Wolfspeed, Inc. ("Wolfspeed") (NYSE: WOLF) on behalf of those who purchased or otherwise acquired Wolfspeed securities between August 16, 2023, and November 6, 2024, inclusive (the "Class Period").

Class Action Announcement for Wolfspeed, Inc. Investors: A Securities Fraud Class Action Lawsuit Was Filed Against Wolfspeed, Inc.

NEW YORK, NY / ACCESSWIRE / November 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

Levi & Korsinsky Reminds Shareholders of an Investigation into Wolfspeed, Inc. (WOLF) Regarding Potential Securities Fraud Allegations

Shares of Wolfspeed (WOLF 14.75%) were rocketing higher today, up 15.1% as of 2:26 p.m. ET.

Why Wolfspeed Rallied Again Today

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024, inclusive (the “Class Period”). Wolfspeed investors have until January 17, 2024 to file a lead plaintiff motion. Investors suffering losses on their Wolfspeed investments are encouraged to contact the Law Offices of Howard G. Smi.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Wolfspeed, Inc. (WOLF) Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Wolfspeed, Inc. (WOLF) Investors.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Wolfspeed, Inc. (WOLF) Investors

LOS ANGELES, CA / ACCESSWIRE / November 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 17, 2025.

Wolfspeed Inc Is Being Sued For Violating Securities Laws And The Schall Law Firm Encourages Shareholder Participation

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed (NYSE: WOLF) today announced that Melissa Garrett has been appointed Senior Vice President and General Counsel, effective December 9, 2024. Garrett succeeds Brad Kohn, who has resigned from the company for another professional opportunity. Garrett brings extensive legal expertise and has served as a senior member of Wolfspeed's legal team leading global employment and non-patent litigation matters since 2015. She brings a comprehensive legal background i.

Wolfspeed Appoints Melissa Garrett as Senior Vice President and General Counsel

NEW YORK, NY / ACCESSWIRE / November 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Wolfspeed, Inc. ("Wolfspeed, Inc.") (NYSE:WOLF) concerning possible violations of federal securities laws. On November 7, 2024, WOLF conducted an earnings call corresponding to its third quarter results revealing a slow-down in growth of its 200mm facility at Mohawk Valley, signaling a significant demand headwind as the facility purportedly continues to ramp production.

Wolfspeed, Inc. Being Investigated on Behalf of Wolfspeed, Inc. Investors. Contact Levi & Korsinsky For Details

NEW YORK CITY, NY / ACCESSWIRE / November 25, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Wolfspeed securities between August 16, 2023 and November 06, 2024 inclusive (the "Class Period").

WOLF SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

SAN DIEGO , Nov. 25, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), have until January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit.  Captioned Zagami v.

WOLF INVESTOR ALERT: Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit

LOS ANGELES, CA / ACCESSWIRE / November 24, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wolfspeed, Inc. ("Wolfspeed" or "the Company") (NYSE:WOLF) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before January 17, 2025.

Investors Are Invited To Join The Schall Law Firm In A Fraud Case Against Wolfspeed, Inc.

SAN DIEGO, CA / ACCESSWIRE / November 24, 2024 / The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Wolfspeed, Inc. (NYSE:WOLF) securities between August 16, 2023 and November 6, 2024, inclusive (the "Class Period"), have until January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit. Captioned Zagami v.

WOLF INVESTOR DEADLINE: Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

SAN DIEGO, Nov. 24, 2024 (GLOBE NEWSWIRE) -- Robbins LLP  reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024. Wolfspeed is a global semiconductor company focused on silicon carbide materials and the fabrication of devices for power applications.

Wolfspeed, Inc. Shareholder Alert: Robbins LLP Reminds Investors of the WOLF Securities Class Action

NEW YORK, Nov. 23, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Wolfspeed, Inc. (NYSE: WOLF) between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 17, 2025.

ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Wolfspeed, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – WOLF

RADNOR, PA / ACCESSWIRE / November 23, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Wolfspeed, Inc. ("Wolfspeed") (NYSE:WOLF) on behalf of those who purchased or otherwise acquired Wolfspeed securities between August 16, 2023, and November 6, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is January 17, 2025.

Class Action Announcement (WOLF): A Securities Fraud Class Action Lawsuit Was Filed Against Wolfspeed, Inc.

SAN DIEGO, Nov. 23, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Wolfspeed, Inc. (NYSE: WOLF) securities between August 16, 2023 and November 6, 2024, both dates inclusive (the “Class Period”), have until January 17, 2025 to seek appointment as lead plaintiff of the Wolfspeed class action lawsuit. Captioned Zagami v. Wolfspeed, Inc., No. 24-cv-01395 (N.D.N.Y.), the Wolfspeed class action lawsuit charges Wolfspeed as well as certain of Wolfspeed's top executives with violations of the Securities Exchange Act of 1934.

WOLF INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Are company insiders betting on a massive turnaround for Wolfspeed stock?

Why Wolfspeed Stock Skyrocketed Today

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Wolfspeed, Inc. (“Wolfspeed” or the “Company”) (NYSE: WOLF) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Wolfspeed investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities law.

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